In brief
- Fairshake claimed victory after six congressional candidates won Tuesday primaries with over $20 million in crypto industry support.
- But all GOP winners had also received endorsements from Donald Trump, suggesting his influence carried the day.
- Fairshake ran ads in the races that touted Trump’s endorsements, but did not mention crypto.
On Tuesday, crypto political action committee Fairshake claimed victory as six of its favored congressional candidates—backed by more than $20 million in industry money—won primary races across the country.
But was crypto really a deciding factor in last night’s elections?
Fairshake, which is principally bankrolled by Coinbase, Andreessen Horowitz, and Ripple, backed five GOP candidates and…
